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Originally Posted by you&me
I'm still not convinced that UBI won't exasperate the labour supply problems we're seemingly seeing as a result of CERB.
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Oh it would affect the market for sure. But not in the same way as CERB, because with CERB you could lose your benefit through employment. With a UBI, anything you earn on top is gravy. Still, undesirable jobs would have to make themselves more desirable, either through increased pay, or improving the job itself. And the goods and services that rely on people filling those undesirable jobs would go up in price. Even so, making a job have to be a fair trade with the employee, rather than something they need to survive, is more of a feature than a bug.
Quote:
Originally Posted by iggy_oi
It could also further stagnate wages.
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But a person's income would be more than their wages.